Question
Company is currently trading at $160 per share. Market analysts think that it will rise to $190 per share by the end of the year,
Company is currently trading at $160 per share. Market analysts think that it will rise to $190 per share by the end of the year, and investors will be given a $0.90 dividend per share What is the beta of the company if the Treasury Bill rate is 0.8% and the market return is 3.2%?
show all calculations please
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
